09.11.2010 - Is Israel the new Dubai?
From Observer.com: Israel is the fastest growing real estate market in the world right now. Foreign investors — including many a New Yorker — are snapping up property in the often troubled paradise. But that might be a mistake. Global Property Guide ranked Israel the hottest housing market for the last two years. In the most recent quarter, the publication reports that house prices in the country rose the sixth-fastest in the world. But four of the five were recovering from sharp drops, notes the Associated Press, meaning the nation of six million could have one of the hottest real estate markets around..............................................Full Article: Source
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